Key facts
- Metaplanet purchased an additional 2,823 Bitcoin.
- The acquisition cost Metaplanet $170.7 million.
- Metaplanet's total Bitcoin holdings now stand at 43,000 BTC.
- Metaplanet is the third-largest corporate Bitcoin holder globally.
- Metaplanet reported Q2 revenue of $10.85 million.
- The Q2 revenue was generated from its Bitcoin Income Generation business.
Metaplanet has significantly expanded its Bitcoin holdings by acquiring an additional 2,823 BTC for $170.7 million. This strategic purchase brings the company's total Bitcoin reserves to 43,000 BTC. With this latest acquisition, Metaplanet now ranks as the third-largest corporate entity holding Bitcoin globally. The company's commitment to Bitcoin is further underscored by its reported Q2 revenue of $10.85 million, which was generated through its Bitcoin Income Generation business. This revenue stream demonstrates Metaplanet's approach to actively utilizing its digital asset holdings to generate income and support its business operations.
